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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Market Tracker who wrote (14929)10/30/1998 12:35:00 AM
From: Don Westermeyer  Read Replies (2) | Respond to of 18691
 
AMZN loses over $500,000 each day now!

And from what I can see there is no end in sight (not now, not 3 years from now).

That value will probably hit the million dollar mark in the coming busy months.

I swear that one day the light bulbs will go on in the 'investors' heads about the valuations given to some of these companies, and when they do it won't be pretty for the longs.

I personally don't have enough guts to short it right now, but maybe on the inevitable Q4 earnings run I may short and see what happens in 1999.